Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management, have agreed to acquire Cubic (NYSE: CUB) for approximately $2.8 billion, or $70 in cash per share. The all-cash transaction includes the assumption of debt and is expected to be finalized during the second quarter of 2021, subject to regulatory clearances, sh...
A new KPMG report has found that 66 percent of government leaders said the demands of the COVID-19 pandemic have prompted them to advance their focus on digital modernization and 57 percent said they raised their IT budgets in response to the health crisis. "COVID-19 has magnified the need for government agencies to transform their models for d...
During GovConWire’s IC Acquisition and Innovation Forum, notable federal and industry leaders will address acquisition and procurement within the IC, including workforce retention, technology strategies, such as Cloud and AI adoption, as well as industry partnerships. To register for the IC Acquisition and Innovation Forum, as well as view upcomin...
NASA has named Diane Dailey, Chloe Mehring, Fiona Turett and Brandon Lloyd as flight directors to help the agency manage operations of the International Space Station. "These four join a storied group of individuals. We’re excited to have them and know they are up for the task,” said Steve Koerner, director of flight operations at NASA....
Kathleen Hicks, a former Department of Defense official and an inductee into Executive Mosaic's Wash100 for 2021, was confirmed to DOD's No. 2 civilian post through a Senate voice vote, The Hill reported Monday....
Ellen Lord, former undersecretary for acquisition and sustainment at the Department of Defense and a four-time Wash100 awardee, has joined security and risk management advisory firm The Chertoff Group as a senior adviser. She will advise on defense programs, critical infrastructure protection and homeland security initiatives as part of the senior a...
Sehlke Consulting, an Arlington, Virginia-based management consulting and professional services firm, has unveiled a new advisory practice focused on health care. The new practice is focused on helping clients align resources with their internal process improvements, readiness priorities and structural changes....
Janice Starzyk and Kirk Pysher, both former executives at International Launch Services, have joined Virgin Orbit to serve as vice president for government operations and VP for mission assurance, quality and safety, respectively....
President Joe Biden has issued a new memo that seeks to revitalize the workforce at national security and foreign policy agencies through the adoption of six core principles: modernization, transparency, integrity, diversity, service and accountability. The memo highlights the need for agencies to maintain their technological edge by addressing gaps...
The State Department has cleared a potential $85 million foreign military sale of Raytheon Technologies-built (NYSE: RTX) Block IIIA Standard Missile-2 systems to support Chile's anti-air warfare arsenal....
